Nissan 370Z Forum
Page 177 of 250 « First 77127167175176 177 178179187227 Last »
Show 40 post(s) from this thread on one page

Nissan 370Z Forum (http://www.the370z.com/)
-   The Lounge (Off Topic) (http://www.the370z.com/lounge-off-topic/)
-   -   The New “What did you do with your Z today” (with off topic replies) XXXV (http://www.the370z.com/lounge-off-topic/132911-new-what-did-you-do-your-z-today-off-topic-replies-xxxv.html)

bunk 03-25-2020 08:39 AM
Quote:
Originally Posted by Leingod (Post 3918176)
1 or 2 of them might go down the drain. That's my only concern. Delta has been a steaming pile for a while. But you're right. For how little they are right now. It's worth the risk to buy a few grand of stock if possible. At worst, they go under. Best case, they rebound and double the worth again.
:tup:

Spooler 03-25-2020 08:40 AM
Quote:
Originally Posted by Zoren 370 (Post 3918154)
Hey guys has everyone has 401K?

I just lost 16.55%:mad:

Do you guys advise to pull out or stay and hope the market rebounds in years?

Is there a possibility that your 401K gets depleted to zero?

Any finance expert in here.
Hold where you are. It will come back up over time. If you pull out, you loose everything when the market rebounds, and it will.

bunk 03-25-2020 08:42 AM
Just remember:
“Be fearful when others are greedy, and be greedy only when others are fearful.”

Ghostvette 03-25-2020 08:42 AM
Quote:
Originally Posted by bunk (Post 3918174)
Apple wont tank, thats for sure. Theyre a too big to fail company. I think one of the best bets is the US Airline industry. AA, United and even Delta. Theyre so cheap right now and you know they arent gong anywhere.
I was told that about Eastern Airlines back in the 80s. I put 1700 out of the 2K I invested in EAL (based on my uncle's suggestion. He was an EVP at Merrill). EAL went bankrupt 90 days later. :gtfo2:

I bought Ruger stock with the rest and made back the 1700 I lost. It took about 4 years to pull it off though....:mad:

Now, I do my own research. The market goes up, the market goes down and you only lose money when you sell.

SouthArk370Z 03-25-2020 08:42 AM
Quote:
Originally Posted by Zoren 370 (Post 3918154)
Hey guys has everyone has 401K?

I just lost 16.55%:mad:

Do you guys advise to pull out or stay and hope the market rebounds in years?

Is there a possibility that your 401K gets depleted to zero?

Any finance expert in here.
I'm no expert but, as mentioned earlier, if you sell now, it will just cost more to get back in later.

If we go into SHTF mode, neither your money nor your stock will be worth anything - ie, it won't matter what you do, you're boned.

Spooler 03-25-2020 08:46 AM
One of the stocks I have was trading at 100 to 104 a share. It is now at 78. Not a happy camper.

Rusty 03-25-2020 08:46 AM
Quote:
Originally Posted by Zoren 370 (Post 3918167)
I put my investment 401K to stocks should I switch to long term
Gov Bond index fund?
Too late to do that. I would just ride it out.

bunk 03-25-2020 08:48 AM
Quote:
Originally Posted by Ghostvette (Post 3918181)
I was told that about Eastern Airlines back in the 80s. I put 1700 out of the 2K I invested in EAL (based on my uncle's suggestion. He was an EVP at Merrill). EAL went bankrupt 90 days later. :gtfo2:

I bought Ruger stock with the rest and made back the 1700 I lost. It took about 4 years to pull it off though....:mad:

Now, I do my own research. The market goes up, the market goes down and you only lose money when you sell.
Those were different times. I dont remember EAL, but I do remember when you had a crapload of different airlines in the industry. All that competition was sure to squeeze companies out of business. Apple has their niche in the tech industry all to itself with respect to their products (However, Samsung does share that market, somewhat, with a different demographic)
Even with the US Airline industry, there are only a handful of companies, which makes looking over your shoulder much more easier as opposed to back in the day when not only were they looking over their shoulder, but to their left, right and ahead of them.

Leingod 03-25-2020 08:50 AM
Got me thinking and now I want to invest a little in jet blue. It's already rebounded 11 percent.

Rusty 03-25-2020 08:58 AM
401k, Vanguard's Index 500, and Primecap. If you can get into them.

Stocks, get one's that pay a dividend. Duke Energy pays a good dividend. You reinvest that dividend back into the stock. You'll end up with more stock.

When Qualcomm first came out. I had a chance to get it for $11 a share in January. By December. The stock had split 4 times. And was up to $44 a share. :mad:

bunk 03-25-2020 09:01 AM
Quote:
Originally Posted by Leingod (Post 3918188)
Got me thinking and now I want to invest a little in jet blue. It's already rebounded 11 percent.
Check out Boeing... :eek:

JLarson 03-25-2020 09:33 AM
Quote:
Originally Posted by Spooler (Post 3918139)
Tune today, Yippee....
I am all nerves, waiting to see how I do. They are supposed to send me dyno sheet and video when they wrap up.

Hotrodz 03-25-2020 09:52 AM
Morning all! I am little nervous about my 401k as I am planning on retiring in five years. I am going to ride it out as I have before. If I have to work a few more years that is cool. I feel blessed that I have that option and that my line of business will be solvent regardless of what happens.

bunk 03-25-2020 10:01 AM
Quote:
Originally Posted by Hotrodz (Post 3918198)
Morning all! I am little nervous about my 401k as I am planning on retiring in five years. I am going to ride it out as I have before. If I have to work a few more years that is cool. I feel blessed that I have that option and that my line of business will be solvent regardless of what happens.
Why are you worried? You have a money tree!

Hotrodz 03-25-2020 10:03 AM
Quote:
Originally Posted by bunk (Post 3918199)
Why are you worried? You have a money tree!
Haha, money tree needs water and fertilizer!

Sent from my SM-G965U using Tapatalk

bunk 03-25-2020 10:07 AM
Quote:
Originally Posted by Hotrodz (Post 3918200)
Haha, money tree needs water and fertilizer!

Sent from my SM-G965U using Tapatalk
Youll be fine. 5 years is a long time!

eastwest2300 03-25-2020 10:08 AM
Quote:
Originally Posted by Zoren 370 (Post 3918092)
Well actually that word iggylist has been violated by multiple characters for copy right infringement. Up today I still don’t understand what it means!

That word came originally from a Korean fart azz pizza eating ninja turtle named “Kenchan”

And yes I made it to his hall of Iggy shitz list.

And

His famous I dont see your post.


Since he left this forum I missed him since.:icon23:

And

EW wants to be him? Hmmp! I ont luv you anymore too! Lol
:facepalm:

bunk 03-25-2020 10:09 AM
OMG... Boeing went up 12% in just the past hour or so!

eastwest2300 03-25-2020 10:10 AM
Quote:
Originally Posted by madwi (Post 3918127)
:ugh2::ugh2::ugh2::ugh2::ugh2:

Leingod 03-25-2020 10:13 AM
Quote:
Originally Posted by Hotrodz (Post 3918200)
Haha, money tree needs water and fertilizer!

Sent from my SM-G965U using Tapatalk
Just don't use any TP. Have all the fertilizer in the world. Then sell the TP for bonus money.

Spooler 03-25-2020 10:19 AM
Quote:
Originally Posted by JLarson (Post 3918197)
I am all nerves, waiting to see how I do. They are supposed to send me dyno sheet and video when they wrap up.
Been there before. Stomach is in your throat. LOL

eastwest2300 03-25-2020 10:20 AM
whatchu talk'n bout duude

Leingod 03-25-2020 10:25 AM
Quote:
Originally Posted by Spooler (Post 3918206)
Been there before. Stomach is in your throat. LOL
You had some old guy drive across state for you and some other guy fly in from Michigan of all places to help you out. You're in good hands. 0_o

eastwest2300 03-25-2020 10:34 AM
Quote:
Originally Posted by Leingod (Post 3918208)
You had some old guy drive across state for you and some other guy fly in from Michigan of all places to help you out. You're in good hands. 0_o
:ugh2::ugh2::ugh2::ugh2::ugh2:

eastwest2300 03-25-2020 10:38 AM
how's everybody doing today duudes?

old guy 03-25-2020 10:46 AM
The further away from retirement the better off you are, so you young guys should be fine.
1. Don’t count on your 401k as your sole source of income in retirement, as a down turn is always a possibility, we’ve seen it in 09 and now.
2. Diversify, real estate, precious metals, art, pensions, even classic cars. A junk 240z is worth 3-4K and that’s what they cost new !
3. As you near retirement go conservative with your 401 meaning more toward interest only
4. Don’t go into retirement with debt. Have your house and any needed major improvements paid for. Have a good car ( cars ) paid for. And don’t bring any high interest credit card into retirement.

This is a simple plan that works! We started to plan in our mid thirties, my wife retired at 55 and me at 63
People who are dependent on there 401k are now going to be in poor shape as compared to just 3 weeks ago. What dissolved in three weeks could take years to recover

bunk 03-25-2020 10:59 AM
Quote:
Originally Posted by old guy (Post 3918214)
The further away from retirement the better off you are, so you young guys should be fine.
1. Don’t count on your 401k as your sole source of income in retirement, as a down turn is always a possibility, we’ve seen it in 09 and now.
2. Diversify, real estate, precious metals, art, pensions, even classic cars. A junk 240z is worth 3-4K and that’s what they cost new !
3. As you near retirement go conservative with your 401 meaning more toward interest only
4. Don’t go into retirement with debt. Have your house and any needed major improvements paid for. Have a good car ( cars ) paid for. And don’t bring any high interest credit card into retirement.

This is a simple plan that works! We started to plan in our mid thirties, my wife retired at 55 and me at 63
People who are dependent on there 401k are now going to be in poor shape as compared to just 3 weeks ago. What dissolved in three weeks could take years to recover
very well said.
Investing young is the key. The rule of 72 will work for the youngins. My mom had me started with IRAs and Mutual funds at 17 :tup:

BettyZ 03-25-2020 11:02 AM
Quote:
Originally Posted by bunk (Post 3918217)
very well said.

Investing young is the key. The rule of 72 will work for the youngins. My mom had me started with IRAs and Mutual funds at 17 :tup:
My 401k is African blood diamonds.

Sent from my SM-G955U using Tapatalk

SouthArk370Z 03-25-2020 11:06 AM
For the last 20 years or so, I've had most of my 401k invested in stable stocks/bonds that pay a dividend. Where possible, dividends are re-invested. Once or twice a year, I will take dividends that are not auto-re-invested and manually re-invest them. I don't worry about price changes and I almost never sell a stock as long as it is paying a decent dividend - I'm in it for the long haul.

But that strategy may not work for you. Depends on your situation.

bunk 03-25-2020 11:06 AM
Quote:
Originally Posted by BettyZ (Post 3918218)
My 401k is African blood diamonds.

Sent from my SM-G955U using Tapatalk
Didnt you read old guys post???? You have to diversify. Endagered animal meat trade, gay prostitution ring etc...:wtf2:

BettyZ 03-25-2020 11:09 AM
Quote:
Originally Posted by bunk (Post 3918220)
Didnt you read old guys post???? You have to diversify. Endagered animal meat trade, gay prostitution ring etc...:wtf2:
I tried! But JAR has near-total market penetration for gay prostitution rings, Spooler has a lock on cantankerous old man pills, and EW monopolized the chemical weapons production market.

Sent from my SM-G955U using Tapatalk

Leingod 03-25-2020 11:14 AM
Finally lunch time. Starving for some reason today.

bunk 03-25-2020 11:15 AM
Quote:
Originally Posted by BettyZ (Post 3918222)
I tried! But JAR has near-total market penetration for gay prostitution rings, Spooler has a lock on cantankerous old man pills, and EW monopolized the chemical weapons production market.

Sent from my SM-G955U using Tapatalk
Look into mini dildos. I think FP just injected one the dildo companies with a huge purchase.

JARblue 03-25-2020 11:26 AM
Quote:
Originally Posted by Hotrodz (Post 3918228)
Agreed! Thanks for the update and looking forward to receiving the pump and gears as Spooler said some of are real close on our engines being assembled.
lol not you though, right? How many other builds does Seb have in front of yours? I figured it was at least 4-5 :icon17:

Hotrodz 03-25-2020 11:32 AM
Quote:
Originally Posted by JARblue (Post 3918230)
lol not you though, right? How many other builds does Seb have in front of yours? I figured it was at least 4-5 :icon17:
LMAO, I am getting close. He is finishing up the last one before he gets to mine. I am hoping that he starts my build within the next month.

Sent from my SM-G965U using Tapatalk

JARblue 03-25-2020 11:37 AM
Quote:
Originally Posted by Hotrodz (Post 3918231)
LMAO, I am getting close. He is finishing up the last one before he gets to mine. I am hoping that he starts my build within the next month.
Sweet! So it should be done by ZDayZ :driving:

Hotrodz 03-25-2020 11:43 AM
Quote:
Originally Posted by old guy (Post 3918214)
The further away from retirement the better off you are, so you young guys should be fine.

1. Don’t count on your 401k as your sole source of income in retirement, as a down turn is always a possibility, we’ve seen it in 09 and now.

2. Diversify, real estate, precious metals, art, pensions, even classic cars. A junk 240z is worth 3-4K and that’s what they cost new !

3. As you near retirement go conservative with your 401 meaning more toward interest only

4. Don’t go into retirement with debt. Have your house and any needed major improvements paid for. Have a good car ( cars ) paid for. And don’t bring any high interest credit card into retirement.



This is a simple plan that works! We started to plan in our mid thirties, my wife retired at 55 and me at 63

People who are dependent on there 401k are now going to be in poor shape as compared to just 3 weeks ago. What dissolved in three weeks could take years to recover
Great advice and youngsters need to pay attention. I have a pension and will be debt free when I am done. Pretty much there now. Life happens and my divorce pretty much ruled out paying off my house or owning rental property. Put two kids through college and raised them to be self sufficient was a priority and it worked. The 401k is my get out jail bail money to pay off mortgage or at least make the payments. We will see which is the best financial especially if intrest rates get below 2. I'm not really worried because I have enough to be okay, I just don't want to adjust my lifestyle dramatically! Got to keep that money tree from becoming a money twig!!!

Sent from my SM-G965U using Tapatalk

Hotrodz 03-25-2020 11:48 AM
Quote:
Originally Posted by JARblue (Post 3918232)
Sweet! So it should be done by ZDayZ :driving:
That would be awesome but I doubt that it will be done by then. Also bringing the car to ZDAYZ just after paying for the build is not likely. Coming to ZDAYZ when I bring my car is about 3k for three or four days of fun!

Sent from my SM-G965U using Tapatalk

abm89 03-25-2020 11:52 AM
I'm likely not going to make it to retirement age. By that time, the machines will take over.

So the plan is to ship the Z to Germany and go FLAT on Flugplatz

FPenvy 03-25-2020 11:53 AM
man the paranoia over this nonsense suckssssssssss.

was showing my sister how i do my deer jerky she wanted to learn.

got full sweat pants hoodie and beanie on. go inside my parents house and my new ocd tick is taking my temp. 99.4 i panic ran out the house then realize you fuckin idiot you were just moving a lot fully covered and your parents house is always a million degrees since my mom is bored and continuously cooking now. (not mad about that)

waiting 10 min after taking my hoodie off and it was 99.0 and 98.7

i'd like a break from this now :facepalm:


All times are GMT -5. The time now is 07:39 AM.
Page 177 of 250 « First 77127167175176 177 178179187227 Last »
Show 40 post(s) from this thread on one page

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2